3521-3525 Utah St.

$925,000

3521-3525 Utah St., St. Louis, MO 63118

For Sale

Multifamily Garden Low Rise

Active

Last Updated: 07/26/2025

Details:

Building Size: 6,824 sqft

Lot Area: 0.1932 acres

Occupancy: 100%

Units: 6

Year Built: 1907

Floors: 2

Offered by

Garen Lafser

President

Salient Realty Group

#2015014613

Request Info to Unlock

Highlights:

Freshly renovated building completed in 2022
Updated electric/plumbing/HVAC
Proven concept to bump rents to $1,420
Walkable to South Grand business district & Tower Grove Park
Off-street parking
All sizable 2 bed/1 bath units w/ in unit laundry
Great Opportunity for Short Term Rentals w/ Proximity to SLU Medical

Description:

Salient is pleased to present this opportunity to own a fully updated, 6-family in the heart of Tower Grove East. The property consists of 6, 2 bed/1 bath units with off-street parking and a fenced in backyard. Units have been completely updated throughout with high end finishes, new kitchens with new stainless steel appliances, in unit washer/dryer and central heating and cooling. Plumbing and electric have also been updated. Rents are below market with a proven concept of achieving $1,420/mo.

3521-3525 Utah is located in South St. Louis City and more specifically Tower Grove East. The property is just minutes away from from South Grand Business District, SLU Hospital and Tower Grove Park making this a excellent opportunity for airBnB, traveling nurses, or other short term rentals.

Tower Grove East is a vibrant south St. Louis City neighborhood steeped in history, grounded in community and rich in both architecture and flora. The neighborhood features the dynamic South Grand dining and shopping district, which boast dozens of restaurants and numerous shops offering local and international goods. Tower Grove Park is a vast urban arboretum with walking/running paths, pavilions and picnic sites, tennis courts, a farmers market and more.

Multifamily investors have been very active in the capital markets in South St. Louis City, making it one of the most heavily traded apartment submarkets in the region over the past several years. Annual sales volume has averaged $61.6 million over the past five years , and the 12-month high in investment volume hit $146 million over that stretch. In the past 12 months specifically, $66.9 million worth of assets sold.